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Broad Lane, Lymington SO41

South East

£650,000
Listed on 18/04/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
1485 sqft

Description

Presenting a three-bedroom bungalow with significant renovation potential, this property is offered without any onward chain. Situated south of Lymington High Street, it boasts a prime location, just moments away from local amenities, marinas, and transport options including bus and train services. The entrance features an enclosed porch that leads to a welcoming hall, opening up to a spacious sitting and dining room enriched by natural light from two front windows. This area includes a corner cupboard and a convenient serving hatch leading into the kitchen. The kitchen showcases integrated appliances such as a four-ring ceramic hob and oven, alongside space for further utilities like a fridge freezer and washing machine. Access to a workshop/store is also provided here. The property includes an airing cupboard in the hallway, with additional amenities such as a cloakroom equipped with WC and hand basin. The family shower room contains essential fixtures including a standalone shower and further sanitation facilities. Adjacent to this is a study area with built-in shelves connecting to the conservatory that offers picturesque views over the rear garden. The primary bedroom benefits from garden views and fitted wardrobes while the second bedroom also includes fitted storage solutions. With both front and rear gardens available, this bungalow serves as an ideal renovation project for those looking to personalize their living space in one of the most desirable areas of Lymington. Within walking distance to the high street and close to various sailing clubs along with scenic coastal pathways leading towards the Isle of Wight, Lymington provides not only attractive shopping options but also dining establishments amidst the beauty of New Forest National Park. Convenient access to major routes connects residents effortlessly with broader regions including London via nearby train links.

Investment Analysis

(SO41 area)

Below Market Value

This property is priced -9.8% below area average per sq ft

-9.8%
Potential saving
This Property
£438/sq ft
Area Average
£485/sq ft
Avg Rent (weekly)
£340
Avg Yield
3.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£792,574
10% above area average per sq ft
Potential ROI
+13.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (SO41)

Area prices are stable by -0.9% over the last 12 months
3 year growth: -14.8%
5 year growth: -1.2%
Investment Disclaimer: Analysis based on SO41 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Broad Lane, Lymington SO41
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,302
Based on a loan of £487,500 over 30 years at 3.91% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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